Management
Even as industry faces policy and tariff uncertainty, companies view spending on digital transformation as a driver of efficiency.
Geophysicist Markos Sourial discusses advances in seismic imaging, the challenges of modern data processing, and what they mean for the next wave of subsurface professionals.
In lifting force majeure, TotalEnergies says it will restart construction on its Mozambique LNG project as soon as the government agrees to a revised budget and schedule which targets shipping first product in 2029.
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By turning its back on Russian oil and gas, will Europe speed up or slow down its energy transition, and what will be the impact on global climate change? -
The big oil producers are balancing the chasing of more production with delivering dividends to shareholders. So far, the scale is tipping in favor of shareholders. But it’s not that cut and dried. Simplifying the complexity of the global market shines, at best, a narrow beam on some of the factors affecting production.
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ExxonMobil and its partners now believe they have discovered 11 billion BOE.
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The Norwegian government grants a 20-year license extension for Ekofisk.
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Two new wells will add 20,000 BOED to the field’s overall production volumes.
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A total of 59 blocks were awarded to 13 companies.
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The Offshore Technology Conference drew nearly 25,000 participants, showing renewed interest in in-person meetings following the successful ADIPEC and IPTC conferences.
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First well suffered mechanical issues, while the followup encountered noncommercial quantities of oil.
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The well is in the Orange Basin where Shell and TotalEnergies made significant oil finds on the Namibia side.
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New discoveries in the Meleiha concession add 8,500 BOE to production.
